AT&T sees earnings growth over 3 years; eyes $40B in anticipated shareholder returns

AT&T anticipates earnings growth over the next three years thanks to the momentum of 5G and fiber servicesFILE - The company logo hangs over the door to a AT&T telephone store, Feb. 22, 2024, in Denver. AT&T anticipates earnings growth over the next three years thanks to the momentum of 5G and fiber services.

“Over the last four years, we’ve achieved durable and profitable subscriber growth, generated attractive returns on network investment, and strengthened our balance sheet,” AT&T CEO John Stankey said in a statement.The Dallas company said that it's looking to expand its fiber broadband network to more than 50 million locations by the end of 2029.

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